Lessons learned MBA 6262_Blog 1_ Gurudev Ramesh
Welcome to my first blog on lessons learnt in the course MBA6262. The book I chose for this course work is The Lean Startup by Eric Ries. The reason for choosing this book is because of the business idea I had in mind already, and I wished to know how to validate the idea and bootstrap the process of developing the product/prototype effectively. I found this book to be a perfect fit for my purpose. The Lean Startup comprises of 3 segments- “Vision”, “Steer” and “Accelerate”. Fortunately, we had a clear vision at an early stage of ideation of our product ( Canwash ). The idea did not come out of blue. One of our team members works at a local laundromat as a part time employee. He realised that the customers faced difficulty in coming and dropping off their clothes and having to wait for it to be washed. So we decided to make an online platform to provide the convenience of doing their laundry/ dry cleaning at their fingertips. As soon as we conceived this idea, we decided to...